Linkage Global Faces Nasdaq Noncompliance After 30-Day Sub-$1 Bid
UZX•Linkage Global’s Class A shares closed below the $1 minimum bid requirement for 30 consecutive business days, triggering a Nasdaq notice. The company has 180 days until November 30, 2026 to regain compliance or seek a second 180-day extension via a reverse stock split.
1. Nasdaq Noncompliance Notice
Linkage Global received a Nasdaq letter on June 3, 2026 notifying it of noncompliance with the $1 bid price requirement after 30 consecutive business days of sub-$1 closing prices. Trading of Class A shares will continue while the company addresses the deficiency.
2. 180-Day Cure Period
Nasdaq rules grant a 180-calendar-day cure period until November 30, 2026 to restore compliance. If the bid price does not recover, the company may apply for a second 180-day extension provided it meets market value of publicly held shares and all other initial listing standards.
3. Evaluation of Remedial Options
Linkage Global is evaluating options to regain compliance, including a reverse stock split if necessary. Failure to cure the deficiency or meet eligibility criteria will result in a Nasdaq delisting notice.
